Buy CESC: Rahul Mohindar

Rahul Mohindar of viratechindia.com has initiated a buy on CESC with a stoploss at Rs 292.

Mohindar told CNBC-TV18, "I would like to buy CESC. In the very short term probably even in the intra-day trade it might be hitting levels like Rs 310. Once we get past Rs 310 in terms of that resistance we can even hit Rs 327 over the next 2-3 weeks. So I would initiate a buy on CESC at around the Rs 297 level keeping a stoploss at Rs 292."